To: Sergio H who wrote (15932 ) 6/20/1999 3:51:00 PM From: RCJIII Read Replies (2) | Respond to of 29382
Amigos- CHS update is now available on BizFN, Crain's NY article is now out and available. Next week should be big for CHS. SMALL CAP FORUM NEWSLETTERsmallcapforum.com June 20, 1999 A Business Financial Network Publicationbizfn.com ---------------------------------------- Dear Small Cap Forum Subscriber- BFN guest columnists, the Three Amigos, have provided us with an updated research report on Bernard Chaus Inc. (NYSE: CHS). The Three Amigos have set a new target price of $9.00 for CHS shares which currently trade below the $3.00 level, clearly showing their bullish opinion on the stock. We suggest you read the below update to learn just why the Three Amigos believe CHS shares are capable of reaching $9.00 within 3 to 6 months. Updated information on LCSG and ULTC will be sent in the Best of BFN Weekend Edition Newsletter later today. ------------------------------ Bernard Chaus, Inc. NYSE: CHS Updated Research Report from the Three Amigos ------------------------------ To view the initial Small Cap Forum research report on CHS, visit: smallcapforum.com 3-6 MONTH PRICE TARGET 9 A very exciting summer is about to begin for CHS. Several positive developments are on the way, which should send the stock higher. 1) Positive Publicity- On Monday, June 21st, Crain's New York Business will publish a profile of CHS. The profile will be very favorable. It will focus on their amazing turnaround, their future prospects, their undervalued stock price and the distinct possibility that a takeover may be in the works. This publication will be sent out to investors in major cities all around the U.S. and should greatly increase interest in the Company. (www.crainsny.com) 2) Advertising- Beginning soon, CHS will initiate a major advertising campaign to promote their new lines as well as their updated older lines. They will focus on a younger consumer, previously not targeted by the company. CHS has not previously used advertising to sell their clothes. With their new financial clout and aggressive growth strategy in place, now is the time to promote brand recognition. 3) Fall Sales- Soon Fall merchandise will hit the stores. For the Fall season, CHS will debut its new more casual lines as well as their updated Core lines. Buzz on the street has been very positive. Many new department stores are requesting CHS clothing. Increased sales and profits should generate lots of near term and long term excitement in the Company and the stock. 4) Earnings- CHS' fiscal year ends in two weeks. Look for the company to report earnings sooner than in past years in order to tout their success. Earnings should be .40 to .45 or higher. CHS is currently trading at $2.812. Considering the above developments, we reiterate our BUY rating on CHS and raise our 3 to 6 month price target to $9. For additional information:cbs.marketwatch.com urce=htx/http2_mw&dist=nasmallcapforum.com ---------- Disclaimer ----------